Pele Mountain Resources Inc. announced that Wallbridge Mining Company Ltd. has fulfilled its option commitment at Pele’s Sudbury Nickel Project through 2008 by spending an additional $300,000 on qualifying exploration expenditures in 2008 and by recently issuing an additional 400,000 of its common shares to Pele. Wallbridge is expected to complete its earn-in of a 60-percent interest in the project...
CROWFLIGHT MINERALS INC. is pleased to announce that it has acquired additional property adjacent to the former producing Manibridge Nickel Mine in the central portion of the Thompson Nickel Belt, approximately 15 kilometres south of its Bucko Lake Nickel project, currently under development. Crowflight has added approximately 83 square kilometres (32 square miles) to its 100% owned property position...
CROWFLIGHT MINERALS INC. (TSX VENTURE:CML) is pleased to announce results of an additional four holes from its planned 10 hole, Phase 1 resource in-fill surface diamond drill program. The program is focused on expanding the Indicated Resources in the Bucko Nickel Deposit, Thompson Nickel Belt (“TNB”), Manitoba. The in-fill program is part of Crowflight’s Bankable Feasibility Study...
Pele Mountain Resources (TSX Venture:GEM) (“Pele” or the “Company”) announced today that it has entered into an agreement with KWG Resources Inc. (TSX Venture:KWG) (“KWG”) to sell its Attawapiskat River Diamond Project (the “Project”) to KWG. The Attawapiskat River project is comprised of 47 mining claims covering more than 25,000 acres in the James Bay...